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Nov 14, 2012
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say republicans do not quite see things that way, speaker boehner refusing to consider a rate hike would put the would expect of an end of year deal to avoid a cliff locking more like a chasm. the public debt watcher is our guest. what do you think? >>guest: well, the president did double down on raising taxes today. he is taking the easy way out. he didn't talk about spending. he had a casual mention of cutting spending and addressing entitlements and those are the drivers of the debt. we have to be clear this starting offer is $1.6 trillion raising taxes we had $1.2 trillion deficit just last year. i don't think this is a one-sided problem. >>neil: something happened between the negotiating situation and removing the other argument, the spending argument and $1.6 trillion insisting it be a rate cut orate hike, he has removed doubt where the negotiations should go. is he interpreting or overinterpretting the election? he says the american people support that view. what do you think? >> i don't think the american people support that. if his own campaign, axelrod came out and said the pre
say republicans do not quite see things that way, speaker boehner refusing to consider a rate hike would put the would expect of an end of year deal to avoid a cliff locking more like a chasm. the public debt watcher is our guest. what do you think? >>guest: well, the president did double down on raising taxes today. he is taking the easy way out. he didn't talk about spending. he had a casual mention of cutting spending and addressing entitlements and those are the drivers of the debt....
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Nov 13, 2012
11/12
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speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street journal" reporter says you could be look at 50 percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling th
speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street...
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Nov 12, 2012
11/12
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apparently speaker boehner is and many in the republican leader are. are you? >>guest: okay let me give you an example of why --. >>neil: you are not answering me. >>guest: wait, wait, wait, illinois -- back when governor walker in wisconsin was making systematic changes to the state budget and making legitimate and difficult cuts his neighbors in illinois were not. all they did, they said --. >>neil: i know, i know, i know, i know. but would you look at closing the loopholes as a step? >>guest: closing the loopholes that hurt charity service that will hurt the poor? and the weak? and the hungry? >>neil: no, no, no, you are not budging on anything? >>guest: it is not that i will not budge. i want a serious conversation with the president. i will not compromise my child's future and i will not hurt the charities. >>neil: you answered my question. always good to have you. >>guest: are you afraid i am going to leap through and grab you? >>neil: i was. and new york residents are now taking to the streets. >> more jobs. >> we pay the highest rates in the country out
apparently speaker boehner is and many in the republican leader are. are you? >>guest: okay let me give you an example of why --. >>neil: you are not answering me. >>guest: wait, wait, wait, illinois -- back when governor walker in wisconsin was making systematic changes to the state budget and making legitimate and difficult cuts his neighbors in illinois were not. all they did, they said --. >>neil: i know, i know, i know, i know. but would you look at closing the...
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Nov 12, 2012
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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Nov 15, 2012
11/12
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boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of higher tax re-knew to spending cuts, some conservatives are demanding the only increase revenue come from the expanded economic growth. there is little prospect of that enough to avoid the cliff. meanwhile, senator coburn is calling for democrats cut and democrats to find savings in medicare and medicaid. the oklahoma republican admits it's normal for each party to protect the sacred cows. >> i think that is normal. beare not in normal times. >> senator coburn says the pentagon needs to stop being what he calls department of everything. he says the savings wouldn't be huge. $6 billion a year but there was a time when it was
boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of...
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Nov 12, 2012
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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Nov 13, 2012
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veteran john boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a little unbelievable, but there is lot of twists and turns in this scandal we've been following so closely surrounding former cia chief and now others. hi, everybody. glad to have you with us. i'm jenna lee. rick: happy tuesday. i'm rick folbaum in for jon. controversy over the timeline of events over the petraeus investigation with members of congress wanting to know why the fbi didn't notify them and the white house until just recently when it began months ago. that investigation far from over. fbi searching the home of petraeus's alleged mistress, paula br
veteran john boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a...
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Nov 12, 2012
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john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon: this event that the president had last friday at the white house to a lot of people looked a lot like a campaign event. they was surrounded by people who were described as middle class americans who had voted for him and stakeholders who want to see his particular plans forwarded. there were no questions from the press. it looked a lot like a campaign event. brad, this is part of what the president had so say. he said on tuesday voters said loud and clear on tuesday they won't tolerate politicians who use compromise as a dirty word. cooperation, consensus. is the presid
john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon:...
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Nov 14, 2012
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hosted by the speaker of the house, john boehner. shep? >> shepard: mike emanuel live on capitol hill. just in to fox news from the o really file? the chief operating officer of the long island power authority or lipa is stepping down in the wake of super storm sandy. this comes on the same day an attorney filed a lawsuit against lipa claiming negligence in the aftermath. and the attorney is seeking class action status potentially including hundreds of thousands of long island customers who, in some cases have had no power for two weeks. the feds say only about 25,000 customers in the storm zone are still in the dark only. certainly a major improvement since just yesterday when the number was three times that. but today as the new york city mayor michael bloomberg pointed out that figure does not include tens of thousands of homes and businesses that are destroyed or too badly damaged for crews even to restore electricity. >> the majority of new yorker who's remain without power do so not because the utilities can't provide power on the st
hosted by the speaker of the house, john boehner. shep? >> shepard: mike emanuel live on capitol hill. just in to fox news from the o really file? the chief operating officer of the long island power authority or lipa is stepping down in the wake of super storm sandy. this comes on the same day an attorney filed a lawsuit against lipa claiming negligence in the aftermath. and the attorney is seeking class action status potentially including hundreds of thousands of long island customers...
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Nov 15, 2012
11/12
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john boehner was asked an said he's willing to give a little on loopholes. but not a single question. he says he takes a balanced approach and that's what the people in the room think. he's balanced. same thing on benghazi. we have all these questions on benghazi and they are not answering. you have to go to denver to get a local radio host? megyn: there were two questions about benghazi. one was from ed henry. but they only had eight questions. i knew that sitting in this anchor chair. they my that. they are the white house press corps. you are telling me these are all issues that matter to some americans. climate change, immigration and so on. but when you only have eight questions and there isn't a question about how we are going to gets the debt under control or what we are going to do about the 23 million americans. >> i agree about whether he was going to meet with mitt romney was a waste of a question. megyn: if you had 20, go for it. >> i think we all agree on all sides that that was definitely a waste of a question. i want to push back on this softb
john boehner was asked an said he's willing to give a little on loopholes. but not a single question. he says he takes a balanced approach and that's what the people in the room think. he's balanced. same thing on benghazi. we have all these questions on benghazi and they are not answering. you have to go to denver to get a local radio host? megyn: there were two questions about benghazi. one was from ed henry. but they only had eight questions. i knew that sitting in this anchor chair. they my...
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Nov 13, 2012
11/12
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martha: major challenges ahead for congress over the next seven weeks, what house speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, th
martha: major challenges ahead for congress over the next seven weeks, what house speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on...